Grocer D-Mart prospers in India through its tight focus, fast payments and lean supply chains.
Indian supermarket D-Mart has grown to 100 stores, propelling parent company Avenue Supermarts Ltd to a 2014-15 profit of £22m, significantly greater than India’s two largest – and rapidly expanding – supermarket chains, Reliance Retail (which has 1,723 stores) and Future Retail (401 stores).
D-Mart’s competitive edge is reflected in its sales per square foot of £250, according to Bloomberg, compared with £161 for Reliance and £105 for Future.